BIRCHFIELD, NEW ROW, GONERBY HILL FOOT, GRANTHAM, NG31 8HJ - £184,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BIRCHFIELD is a very large extended detached house of 164m², built sometime between 1930 and 1949. It was last sold for £184,000 in July 2012, which was around 17% below the average July 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2012, where the current energy rating was E, and the potential energy rating was D.

BIRCHFIELD Sold Prices

Land registry data shows three sales for BIRCHFIELD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. One of the three BIRCHFIELD sales was for below the average price, whilst two were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 10 JUL	£184,000	£220,546	17% below HPI
2000 18 DEC	£120,000	£112,060	7% above HPI
1998 28 AUG	£129,500	£84,887	53% above HPI

BIRCHFIELD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three BIRCHFIELD sales between August 1998 and July 2012 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2000 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2012 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is BIRCHFIELD?

BIRCHFIELD is 164m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the largest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where BIRCHFIELD lies on this distribution: 88% of detached houses are smaller than BIRCHFIELD, and 12% of houses are larger. Note that EPC data is not available for all properties in Grantham.

BIRCHFIELD: Plot and Title Map

BIRCHFIELD sits on a plot of roughly 0.212 of an acre, or 859m². The below map shows the location of BIRCHFIELD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of BIRCHFIELD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is BIRCHFIELD?

BIRCHFIELD is located on NEW ROW in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of BIRCHFIELD on NEW ROW.